The President

23-Aug-2019

President Adesina at G7 summit in Biarritz: women’s entrepreneurship, climate and fragility at the heart of the agenda

Biarritz, France, 23 August 2019 – The president of the African Development Bank, Akinwumi Adesina, will head a delegation to the G7 summit, to be held from 24 to 26 August in Biarritz, in south-western France. After attending a session on Sunday devoted to the partnership between the G7 and Africa, Adesina will present the Affirmative Finance Action for Women in Africa (AFAWA) initiative to the press, alongside French President Macron and in the presence of Beninese singer and UNICEF ambassador Angélique Kidjo. The pan-African AFAWA initiative was launched in May 2016 at the Annual...
19-Aug-2019

“African Development Bank $13 billion investment in Southern Africa is delivering strong results…Africa must not be under-ambitious!” Adesina tells SADC Summit.

The African Development Bank’s $13 billion investment in Southern African region since 2012 is delivering strong results across countries, the Bank’s President, Akinwumi Adesina said, addressing over 1000 delegates at the opening ceremony of the 39th Southern Africa Development Community (SADC) Summit. The theme for this year's Summit is, "A Conducive Environment for Inclusive and Sustainable Industrial Development, Increased Intra-trade and Job Creation." Tanzanian President John Magufuli officially took over as Chair of the 16-nation regional economic integration body, from Namibian...
26-Jul-2019

Nigeria: Africa’s leaders, business champions in Abuja to chart a new course for the continent’s youth

Abuja, Nigeria, 26 July 2019 – Some of Africa’s most prominent leaders in business, politics and development are gathering this weekend to chart a course for the continent’s youth. The Tony Elumelu Foundation Entrepreneurship Forum is a global flagship event that has attracted world business leaders and renowned entrepreneurs to the Nigerian political capital, Abuja. This is the fifth edition. African Development Bank President Akinwumi Adesina is participating in a panel discussion at the event, alongside Rwandan President Paul Kagame, Senegal’s Macky Sall and...
26-Jul-2019

Liberia President George Weah moots new agricultural bank to revolutionise economy

Monrovia, Liberia, 26 July 2019 : Liberian President George Weah has supported calls for agriculture to play a larger role in his country’s economy. Speaking on 25th July 2019 at a donor meeting with African Development Bank President, Akinwumi Adesina, Weah said his government was contemplating the establishment of an agricultural bank. Adesina was quick to advise that such a bank should be called an “agribusiness” bank to acknowledge the economic benefits of the transition from primary production to industrial marketing. Weah acknowledged the immense...
24-Jul-2019

African Development Bank President Akinwumi Adesina to headline 2019 Tony Elumelu Foundation Entrepreneurship Forum

  Who:     Dr Akinwumi A. Adesina, President of the African Development Bank Group What:     - Breakfast meeting with President Félix Tshisekedi of the Democratic Republic of the Congo                - Founders Presidential Dialogue at Tony Elumelu Foundation Entrepreneurship Forum When:     Saturday, 27 July 2019, 07.00 am – 12.00 pm Where:    Transcorp Hilton Hotel, Abuja, Nigeria African Development Bank President Akinwumi Adesina will headline the 5th...
24-Jul-2019

Guinea: Bank’s new Conakry office is “a crucial step in the cooperation between the Republic of Guinea and the African Development Bank.”

African Development Bank Group President Dr. Akinwumi Adesina (left) and Republic of Guinea President Alpha Condé (center) officially inaugurate the Conakry country office during a ribbon cutting ceremony, on July 24, 2019.   On Tuesday, 23 July 2019 in Conakry, Guinean Head of State Alpha Condé and President of the African Development Bank Group Dr. Akinwumi A. Adesina officially opened the new Country Office for Guinea. "The opening of the country office is a crucial step in the cooperation between the Republic of Guinea and the African Development Bank...
24-Jul-2019

Remarks by Dr. Akinwumi A. Adesina, President of the African Development Bank Group, on the Inauguration of the African Development Bank Group’s Country Office in Guinea, Conakry, July 23, 2019

Your Excellency Professor Alpha Condé, President of the Republic of Guinea; Rt. Honorable Prime Minister; Dr. Kassory FOFANA Honorable Ministers; Your Excellencies; Ambassadors and Heads of international organizations; Distinguished Guests, Ladies and gentlemen, First, I would like to express my sincere thanks to His Excellency, President Alpha Condé, my dear elder brother, for his kind invitation to inaugurate the African Development Bank's Country Office in Guinea. I am delighted to be here in Guinea, a country I love so much and to which I feel a strong personal attachment. This...
12-Jul-2019

La Banque africaine de développement soutient le démarrage du Marché financier unifié d’Afrique centrale

Abidjan, 10 juillet 2019 - La Banque africaine de développement (BAD) réunit les acteurs du marché financier régional en Afrique centrale pour promouvoir le démarrage du Marché financier unifié d’Afrique centrale, le 15 juillet à Douala au Cameroun. Les spécialistes en valeurs du trésor, les Trésors, la Banque centrale et les organes de supervision, se réunissent du 15 au 17 juillet pour finaliser les textes portant approfondissement et développement du marché des valeurs du trésor ainsi que son impact économique et financier dans la sous-région. Seront également débattues, les questions...
10-Jul-2019

Remarks by Dr. Akinwumi A. Adesina, President of the African Development Bank at the First Ladies Meeting on Combatting Child Marriage and Promoting Education of Girls in West Africa, Niamey, Niger, 7th July 2019

Your Excellences, Heads of State and Governments of the ECOWAS Your Excellences, The First Ladies Distinguished Guests Ladies and gentlemen   I wish to express my heartfelt gratitude to Dr. Lala Malika MAHAMADOU ISSOUFOU, First Lady of Niger, for inviting me to participate in this event. It is truly an honor. I am privileged to join this distinguished gathering. Allow me to commend Madam MAHAMADOU ISSOUFOU for this initiative, and all the other First Ladies for their commitment in the fight against child marriage and their efforts to promote girls’ education and...
08-Jul-2019

Niger: African Development Bank President attends historic African Union summit, decries child marriage

Niamey, Niger 08 July 2019 – The president of the African Development Bank, Akinwumi Adesina joined continental leaders in Niger for an African Union summit which saw the official launch of the African Continental Free Trade Area agreement – the world’s largest free trade area since the formation of the World Trade Organization. The agreement, ratified in April, will cover a market of 1.2 billion people and an estimated gross domestic product (GDP) of $2.5 trillion, across all 55 member States of the African Union. The Bank has been central in shaping the AfCFTA...
08-Jul-2019

African Development Bank Adesina invites Madagascar President Rajoelina to become a Nutrition Champion

On a recent trip to the island nation of Madagascar, African Development Bank President Akinwumi Adesina invited Madagascar President Andry Rajoelina to become a Nutrition Champion and join the fight against stunting on the continent. The call came as the two toured the newly renovated districts of Tsaramasay, Ankorondrano Andrefana and Ankorondrano Andranomahery, among the most disadvantaged areas around the capital Antananarivo. Adesina also attended an inauguration ceremony for the re-opening of the districts. Following major rehabilitation undertaken by the government, life has...
03-Jul-2019

The remarkable story of Anthony, President Akinwumi Adesina’s adoptive son from Madagascar

Three years ago, Anthony, then 11, showed signs of stunted growth as observed by African Development Bank President Akinwumi Adesina during a visit to Madagascar’s Bas Mangoky region. To the Bank chief, the boy looked no more than 5 years of age. “I was transfixed by one of the children attracted by my helicopter landing. He was so small that I was convinced he could be no more than 5 years old,” recalls President Adesina. “I asked him his name and he told me it was Anthony. But his voice was not that of a 5-year-old child. I was shocked to discover that he was 11. He was suffering from...
02-Jul-2019

Speech Delivered by President Akinwumi A. Adesina of the African Development Bank Group at the Second Consultative Meeting of the 15th Replenishment of the African Development Fund, held in Antananarivo, Madagascar, July 2, 2019

Your Excellency, President Andry Rajoelina, President of the Republic of Madagascar,  Honorable Ministers, Senior Members of the Government, African Development Fund (ADF) Deputies, Members of Board of Directors, Senior Management and Staff of the African Development Bank Group, distinguished ladies and gentlemen.  It gives me great pleasure to be here in Madagascar, a country I love and a country to which I am personally attached. I welcome you all, Deputies of the ADF and Governors of the Bank, to the second meeting of the Deputies for the 15th...,
21-Jun-2019

La Banque africaine de développement réaffirme son engagement à soutenir Inga, un projet stratégique pour la RDC et le reste du continent

Le président de la Banque africaine de développement, Akinwumi Adesina, a effectué une visite, mercredi 19 juin 2019, sur le site hydroélectrique Inga, un méga projet d’une capacité totale estimée à 44 000 MW situé à quelque 276 kilomètres au sud-ouest de Kinshasa, en République démocratique du Congo. La Banque a financé pour environ 15 millions USD l'étude de faisabilité pour la poursuite du développement de ce site sur lequel deux premières usines  d’une capacité totale de près de 1800 MW avaient déjà été installées : Inga 1, en 1972, et Inga 2, en 1982. Le gouvernement de la RDC a...
19-Jun-2019

Deuxième jour en RDC du président Adesina : dialogue stratégique avec les membres du gouvernement pour insuffler une dynamique au partenariat

Insuffler une nouvelle dynamique au partenariat bilatéral entre la Banque africaine de développement et la République démocratique du Congo (RDC), et explorer des pistes susceptibles de renforcer la croissance économique du pays. Tels sont les deux objectifs du dialogue stratégique organisé entre la Banque et les membres du gouvernement congolais (Ministres des finances, du budget, de l’agriculture, des PME, de l’énergie, du transport, des mines, du plan, de la santé et du développement rural), à l’Hôtel-Fleuve-Congo, à Kinshasa. Se félicitant de la contribution de la Banque africaine de...
18-Jun-2019

RDC : Première journée de la visite officielle du président Adesina, dépôt de gerbe de fleurs, rencontre avec la presse

Le président de la Banque africaine de développement, Akinwumi Adesina, est arrivé à Kinshasa dans le cadre d’une visite officielle de quatre jours, à l’invitation du président de la République démocratique du Congo (RDC), Félix Tshisekedi. La délégation de la Banque a été chaleureusement accueillie par les autorités. Adesina était accompagné, pour la circonstance, de l’administrateur pour la RDC, René Obam Nlong, du directeur général de la Banque africaine de développement pour l’Afrique centrale, Ousmane Doré, du directeur général adjoint, Racine Kane, du responsable-pays p.i, Akoupo...
17-Jun-2019

The President of the African Development Bank begins an official visit to the Democratic Republic of Congo from June 17 to 20, 2019

The President of the African Development Bank, Dr. Akinwumi Ayodeji Adesina and a delegation begin a four-day official visit to the Democratic Republic of Congo (DRC), at the invitation of President Felix Antoine Tshisekedi Tshilombo. During the visit, intended to strengthen the bilateral partnership between the Bank Group and the DRC, Adesina will meet with the Congolese Head of State and discuss development issues. The strategic dialogue between the Bank and Congolese public and private institutions will also be at the heart of Adesina's very first official visit to the Central...
12-Jun-2019

Opening Speech by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the Annual Meetings of the African Development Bank - Malabo, Equatorial Guinea, June 12, 2019

Your Excellency, President OBIANG NGUEMA MBASAGO of Equatorial Guinea - our host President; Your Excellencies Heads of State and Governments (names), Governors of the African Development Bank, honorable Ministers, Ambassadors and Heads of Diplomatic Missions, members of the Board of Directors, senior management and staff of the African Development Bank, partners, members of the press, distinguished guests, ladies and gentlemen.              I welcome you to the Annual Meetings of the African...
05-Jun-2019

University of Alberta awards Akinwumi Adesina honorary doctorate

“You will achieve great things in life,  but always remember: humility is what will make you stand out,” African Development Bank President Akinwumi Adesina told the University of Alberta's graduating class of 2019. In his convocation speech, Adesina commended the recent graduates for completing their degrees, which he said, had set them on a course of success. He cautioned that “Success is not measured by degrees earned, positions held, or titles received. Success is neither measured by how much money you make, nor is it measured by the standards of others … it is about making a...
20-May-2019

Chad: African Development Bank President pledges deeper cooperation, urges donor support for energy sector

African Development Bank President Akinwumi Adesina, on 17 May  2019, pledged to deepen cooperation between his organization and Chad, to help the central African nation to meet critical development financing needs. At a meeting with Chadian President Idriss Deby in the landlocked country’s capital, N’Djamena, Adesina also called on development partners to support Chad’s energy sector to increase power generation capacity to 400 megawatts per year, from less than 100 megawatts currently. "The Bank will provide budgetary support to Chad in 2020 and 2021," said President Adesina,...